LPG-gas-supply business expansion

Entrepreneur

About Me

I was born and bred in Nyanza region, predominantly occupied by the luo culture, known to be pleasure loving and not business oriented. Fortunately, my parents are fairly entrepreneurial and they established businesses that while i was involved in running, gave me the opportunity to gain entrepreneurship skills.

Now I am married to one wife and have a young son.

I am a degree holder in Applied Statistics with IT and has been practising as a Data Officer in a local NGO until recently when I changed jobs. I now serve as a social worker at Oyugis Redeemed Gospel Church in a Compassion Internaltional Assisted project. I implement programs that are aimed at holistic child development among the poorest children in oyugis community.

I love to play piano keyboard and bass guitar, and this makes sunday my best day of the week, as I get serve with my skills during the worship service in my local church.

My Business

Thanks to Zidisha, I currently own a stable Liquid Petroleum Gas supply business, single handedly developed from previous loans. Current zidisha funded assets include 20 units of 6kg gas cylinders and lately, 7 units of 13kg cylinders. In addition, I own a motorcycle that I use to facilitate restocks and home deliveries.

Following a recent relocation to oyugis town due to change of jobs, I have since established another branch of the business in town(the one in the village maintained). Although there exists competition, I have an added advantage since I do doorstep delivery and have a measuring scale to verify weight of cylinders at the point of delivery. This strategy is working well and within just two months, my stock base is already being overwhelmed by the client base. I therefore seek to double my operating stock.

While every refill earns about $2 and outlet purchase $13, the two business centres on average yield a total of $120 per month. I am looking forward to employ a business assistant to help me cope with the growing business demand.

Loan Proposal

Dear Lenders
I would like to request this loan purposefully to purchase 5 more LPG cylinders of 13kg capacity. Data from my past sales records indicate that most hotel clients use this type of cylinder and run it out between one to two weeks as compared to home users who take about 5 times longer. I am currently marketing my services to hotels within oyugis, and the response is good. My fear is that my current 7 containers will not allow me to efficiently serve hotel clients.

Adding more containers will
1) Improve reliability of supply, and therefore maintain clients
2) Due to higher frequency of purchase from hotel clients, the business profits will shoot up from the current $120 to $150 per month
3) More profits will give the business the capacity to regularly and comfortably pay the assistant I recently hired.

Thank you for your Kind Considerations.
Sincerely

LINUS

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